Sat.Jul 27, 2024 - Fri.Aug 02, 2024

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CPO Crunch: Together, Better, Further, Stronger

Procurement Leaders

Last month, I spoke about how important it is for companies to collaborate with one another – and, of course, with their suppliers – if they are to make meaningful progress on reducing their Scope 3 footprint. As members of Procurement Leaders’ Risk and Sustainability Strategy Cohort gathered last week to discuss this topic in more depth, a sustainable procurement executive at one chemicals company illustrated both the scale of the challenge – and the potential power of thinking collaborativel

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Albertsons and Instacart expand e-commerce partnership

Supply Chain Dive

The companies are rolling out nationwide pickup and delivery in as little as 30 minutes for the grocer’s banners and offering same-day delivery for Haggen Food & Pharmacy in Washington.

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Will FedEx Freight hit the open road?

Art of Procurement

When you read news that a company is thinking about spinning off a division, it is usually because that division. The post Will FedEx Freight hit the open road? appeared first on Art of Procurement.

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Drug Supply Chains Need Better Visibility

Supply Chain Brain

Better communication is needed about the flow of drugs, from the manufacturer, through the distribution network to the hospital and, at the end, how those medications are being prescribed.

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How To Set Up Innovation So That It Aligns With And Enables Corporate Strategy

Speaker: Paul Heller

Most innovation work proceeds independently from company strategy. As a result, the products that arrive in the market are not well aligned with the company’s goals. This challenge is particularly significant in organizations with transformation-oriented strategies, where innovation must directly support growth, scalability, and strategic pivots. In this session, we will discuss why innovation in large companies is so often not aligned with the company’s strategy and what innovation leaders, pro

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The Ultimate Guide to Bids and Tenders for Business Success

Procurement Freelancers

When businesses want to purchase goods or services, they often use bids and tenders to… The post The Ultimate Guide to Bids and Tenders for Business Success first appeared on Procurement Blog | Procurement & Supply Chain News.

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Factories’ AI adoption plans must be intentional to reap benefits

Supply Chain Dive

Early user engagement, solution champions and user groups can help sustain implementation, said Jennifer Peters, director of BI and data analytics at Nestlé Purina.

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Porsche Faces 'Severe Supply Shortage' after Flood at Aluminum Supplier Factory

Supply Chain Brain

Porsche expects the disruptions to affect every vehicle it manufactures, and says that it could be forced to temporarily shut down production for one or more of its vehicle series.

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Best Practices in Strategic Purchasing for Complex Markets

Procurement Freelancers

Navigating complex markets can be difficult for organizations in the fast-paced business environments of today.… The post Best Practices in Strategic Purchasing for Complex Markets first appeared on Procurement Blog | Procurement & Supply Chain News.

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Amazon moves up Black Friday inventory deadline for sellers

Supply Chain Dive

The e-commerce giant wants products in a week earlier than in 2023 as it looks to maintain fast Prime delivery speeds during its busiest time of year.

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Car Title Loans’ Influence on Retail Supply Chains: An Overview

SCMDOJO

Financial stability and access to quick capital are pivotal for businesses and consumers. In the intricate web of modern commerce, every component has a role in the smooth flow of goods from manufacturers to consumers. But have you ever considered how financial products like car title loans influence retail supply chains? This blog post will explore this unexpected connection and unravel how car title loans can impact the retail sector.

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The Evolution of Control Towers to Command Centers

Are fragmented control towers hindering your supply chain’s growth and response time? Attempting to manage disruptions through various departmental control towers with basic analytic overlays hinders agility and, ultimately, your resiliency. Today’s volatile landscape requires inherent visibility across your entire value chain and the ability to orchestrate course corrections within a unified platform.

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Which ‘Green’ Fuel Type Will Ship Operators Adopt? Time Will Tell

Supply Chain Brain

There’s a slow-speed race going on to determine which “green” alternative marine fuel will prevail in the years ahead — and it’s far from clear who the winner will be.

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Procurement 6 – August 2nd, 2024

Art of Procurement

Procurement 6 is a short podcast from Art of Procurement that publishes in the Art of Procurement feed every Friday. The post Procurement 6 – August 2nd, 2024 appeared first on Art of Procurement.

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Porsche supplier factory flood leads to aluminum shortage

Supply Chain Dive

The automaker expects disruptions to continue for several weeks, possibly leading to a manufacturing shutdown for certain vehicle series.

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3 Foundations for an Effective Multi-Enterprise Supply Chain Network

The Network Effect

The post 3 Foundations for an Effective Multi-Enterprise Supply Chain Network appeared first on The Network Effect.

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10 Practical Steps To Reduce Scope 3 Emissions

Scope 3 emissions – which account for 70 – 80% of an organization’s emissions – are complex and multifaceted. They form the bulk of an organization’s environmental impact. It’s no surprise that enterprises still struggle to track and manage these emissions. '10 Practical Steps to Reduce Scope 3 Emissions' guides you through the essential phases of identifying, analyzing, and mitigating these emissions.

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Drug Seizures Rise at Mexico Ports Amid Fight With Cartels Over Shipping Hubs

Supply Chain Brain

Drug cartels typically rely on Chinese suppliers to smuggle precursor chemicals in shipments to ports they control up and down Mexico's coast.

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AstraZeneca – Don’t Throw Out The Umbrella

Procurement Insights

Here is an excerpt from a terrific LinkedIn post by David Shillingford. NOTE: My comment follows the excerpt. The trend towards ‘regionalized’ supply chains is reflected in the description here by AstraZeneca ‘s CEO Pascal Soriot of a ‘two supply chain’ strategy; one for the ‘east’ and one for the ‘west’ Almost every company is grappling with the implications of the escalating US-China trade war yet it is a different calculus when China is a

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FedEx, UPS roll out ‘exceptional discounts’ to SMB customers

Supply Chain Dive

The rivals' pricing battle has kept delivery rates lower and benefited shippers, according to the TD Cowen/AFS Freight Index.

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Conjoint Analysis in the Supplier Evaluation

The Good Spending

In Lean methodology, value is a core concept that revolves around providing what the customer truly needs and is willing to pay for. That leads us to another exciting notion - Willingness to Pay. Willingness to Pay Willingness to pay (WTP) refers to the maximum amount a customer is willing to spend on a product or service. It represents the perceived value of the offering from the customer's perspective.

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The Key to Sustainable Energy Optimization: A Data-Driven Approach for Manufacturing

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. ♻️ Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets. 📊 Join us for a practical webinar hosted by Kevin Kai Wong of Emergent Ene

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Going Beyond Green: Why the Logistics Sector Needs To Focus on How It Treats Its People

Supply Chain Brain

The logistics sector is pursuing ESG projects, including reduced emissions and more sustainable packaging. But it doesn’t yet have a great reputation for the way it treats its employees.

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Automotive Masterclass: Discussing the Intricacies of Automotive Procurement

Arkestro

Webinars / Automotive Masterclass: Discussing the Intricacies of Automotive Procurement Automotive Masterclass: Discussing the Intricacies of Automotive Procurement Insights from automotive industry experts. Summary: In this Masterclass, automotive expert, Drew Sheffield and Arkestro’s Mike Betts discuss the intricacies of automotive procurement.

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US kicks off Indo-Pacific supply chain meetings

Supply Chain Dive

Fourteen member countries met for the first time under an agreement to boost supply chain resiliency.

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Ivalua NOW Dispatch #4: Strategic Roadmap (Platform & AI)

CPO Rising

The Ardent Partners analyst team recently attended the 2024 Ivalua NOW: Procurement Re-Imaged conference in Miami. This event came on the heels of the company’s slightly larger EMEA conference held… The post Ivalua NOW Dispatch #4: Strategic Roadmap (Platform & AI) appeared first on CPO RISING - THE SITE FOR CHIEF PROCUREMENT OFFICERS & LEADERS IN SUPPLY MANAGEMENT.

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The Project Clinic: Assessing Project Health, Planning, and Execution

Speaker: Ketan Jahagirdar

Picture your projects as patients, each with its own unique rhythm and pulse, thriving under your care 🥼 🩺 Step into the role of an innovative project doctor in our upcoming webinar! This session is your guide to evaluating the health of your projects through Waterfall and Agile practices like Scrum and Kanban. We’ll explore the vital signs of project success through the lens of the “iron triangle” metrics, using deliverables as tracers.

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How Integrated Tactical Planning Enables Enhanced Decision-Making and Improved Outcomes

Supply Chain Brain

Formalizing weekly and daily execution processes helps to align short-term corporate activities with the goals articulated by corporate strategists.

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By the end of 2025, most procurement solution providers will disappear from the map – here is what you need to know as a practitioner

Procurement Insights

Either by absorption, acquisition or just plain going out of business, most procurement solution providers will not exist in their current form by the end of 2025. This statement is a hard truth that you, as a practitioner, must recognize and accept as not only a real possibility but likely an inevitability. Those who have been in the industry for 30 years or more likely already know this, having seen the same script play out in the past, e.g., the dot com boom and bust.

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OnTrac launches delivery coverage in major Midwest markets

Supply Chain Dive

The carrier's expansion into Illinois, Minnesota, Wisconsin and Missouri adds to the momentum that FedEx and UPS alternatives have seen in recent years.

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Positive Purchasing Partners With Forestreet

Positive Purchasing

Here at Positive Purchasing we are delighted to report a significant step towards our goal of being the only digital platform provider to offer ‘everything you need for strategic procurement outside your P2P system’ within our Procleus ecosystem. We are very pleased to announce our new tech partnership with Forestreet ! Forestreet are leaders in making market and vendor discovery smarter and easier.

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Scaling Logistics for Success: A White Claw Story

Speaker: Scott Campbell and Molly Feller

As the demand for your products skyrockets 🚀, you're likely experiencing logistical challenges that are preventing you from scaling your business. The sudden surge in demand can be exciting, but it can also put a strain on your supply chain and logistics operations. In this webinar, join Scott Campbell, Vice President, Logistics & Demand at Mark Anthony Services and Molly Feller, VP Logistics as a Service Operations at e2open, as they explore the challenges that arise when companies expe

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A Guide to Right-sized Packaging for 3PL

Supply Chain Brain

Right-sized packaging automation offers many benefits, including reduced labor and shipping costs, increased throughput, and an overall lower carbon footprint. In this guide, we’ll share some of the challenges 3PLs experience and how an On Demand Packaging® solution can help.

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Drive Procurement Success by Building Inclusive Supplier Networks

Procurement Freelancers

Today’s companies face a significant challenge when searching for suppliers. They often overlook many excellent… The post Drive Procurement Success by Building Inclusive Supplier Networks first appeared on Procurement Blog | Procurement & Supply Chain News.

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Manufacturing enters ‘deeper slowdown period’ ahead of election: July PMI

Supply Chain Dive

Companies are hesitant to invest in new orders amid high interest rates and political uncertainty, dragging down the industry.

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Another Far Side Look At Procurement

Procurement Insights

Question: Which one in this picture is the AI sales representative or marketing person? Which one is the procurement professional? Hint: One of the four characters represents the results of most AI initiatives (but don’t give it away).

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The What, Why and How of Total Procurement Orchestration

By 2027, Gartner predicts that 40% of sourcing will be handled outside of the procurement function. How can procurement pros ensure that the process is efficient and unified for all users? For a synchronized and democratized approach to procurement, leaders are embracing total procurement orchestration solutions. The What, Why and How of Total Procurement Orchestration details how a multi-level orchestration strategy streamlines procurement processes.